WSJ's Jamie Heller named new editor-in-chief of Business Insider

• In a statement, Heller said she has been a longtime fan of Business Insider. "I subscribed several years ago because I had to – it is that good. Now, I am beyond excited to lead this tremendous publication to new heights."

The big picture: Heller assumes the role at a challenging time for Business Insider and the digital news industry writ large.

• Carlson departed following external backlash over Business Insider's reporting and an investigation by its parent company Axel Springer.
• Axel Springer acquired the publication in 2015 as its first major foray into the U.S. market. It's since broadened its U.S. portfolio to include Politico and Morning Brew.

Zoom out: Business Insider has rebranded twice in the past few years, amid a shift to and back from subscriptions. It laid off 8% of staff earlier this year, following cuts of around 10% of staff in 2023.

• The company faced backlash from its editorial union last year following the announcement of a major push into AI. The company's union, which formed in 2021, secured its first contract in 2023 after a 13-day strike.